JEREMY GRANTHAM: We Are In A Race To Prevent The Collapse Of Civilization
Apr. 29, 2013
Jeremy Grantham, the well-known head of investment firm GMO, has become increasingly vocal about his concerns for the fate of the world.
“Our global economy, reckless in its use of all resources and natural systems, shows many of the indicators of potential failure that brought down so many civilizations before ours,” writes Grantham in his new quarterly letter titled “The Race Of Our Lives.”
In 10 pages, he compiles some key points we’ve heard him discuss at length in his recent media tour. He spends most of his message on what makes him optimistic. We summarize is letter here.